Soma Mondal Explained

Soma Mondal
Occupation:Businessperson
Known For:Member PESB, Ex-Chairperson of Steel Authority of India

Soma Mondal is an Ex-Chairperson of Steel Authority of India (1 January 2021 - 30 April 2023).[1] Smt. Soma Mondal has the distinction of not only being the first woman Functional Director of SAIL, but she was also the first woman Chairman of the company.[2] [3] [4] As a chairperson she was also the chief executive of the corporation. Post retirement from SAIL, Smt. Mondal is now a member of Public Enterprise Selection Board.[5] Known as the "Queen of Steel" for her immense contributions to the industry, Soma Mondal has been included in the list of "World's 100 most powerful women" by Forbes in 2022 and 2023 (70th rank in 2023).[6] [7]

Early life

Soma Mondal was born and grew up in an Bengali middle-class family in Bhubaneswar.[8] Her father was an agricultural economist. She majored in Electrical Engineering from National Institute of Technology, Rourkela in 1984.[9]

Career

Mondal has over 35 years of experience in the metal industry. She commenced her career as a Graduate Engineer Trainee at NALCO and rose through the ranks to take over the mantle of Director (Commercial) at NALCO in the year 2014. Mondal joined SAIL in March 2017 as Director (Commercial).[10] She took over as chairperson of the Maharatna PSU from Anil Kumar Chaudhary, who retired in December, 2020.[11] [12] During her tenure, in FY2022, SAIL for a first time crossed the revenue milestone of Rs 1 lakh crore, entering an elite club of Indian companies having a turnover above Rs 1 lakh crore.

Mondal is well known in the Aluminium Industry for her contribution in various Industry forums. In March 2021 she was elected as the chairperson of Standing Conference of Public Enterprises (SCOPE), the organization representing the Central Government Public Enterprises.[13] [14] [15]

In 2023, Soma Mondal honored with 'CEO of the Year' at ETPrime Women Leadership Awards.[16]

Notes and References

  1. Web site: Standard . Business . Amarendu Prakash takes over as SAIL chairman, succeeds Soma Mondal . Business News, Finance News, India News, BSE/NSE News, Stock Markets News, Sensex NIFTY, Union Budget 2023 . 31 May 2023 . 7 December 2023.
  2. Web site: Surojit Gupta. 13 Aug 2020. SAIL's Soma Mondal set to breach steel ceiling - Times of India. 2021-08-30. The Times of India. en.
  3. Web site: Soma Mondal takes over as Chairperson of SAIL. 2021-09-26. @businessline. January 2021 . en.
  4. Web site: Soma Mondal scripts history, assumes charge as 1st female Chairperson of SAIL. 2021-09-26. psuwatch.com. 2 January 2021 . en-US.
  5. Web site: Board Structure . Public Enterprises Selection Board . hi . 7 December 2023.
  6. News: 2023-12-06 . Who is Soma Mondal? The 'Queen of Steel' who is among World's Most Powerful Women . The Economic Times . 2023-12-08 . 0013-0389.
  7. Web site: BURHO" . "MOIRA FORBES AND MAGGIE MCGRATH WITH NICOLETTE JONES AND ERIKA . The World’s Most Powerful Women 2023 . Forbes . en.
  8. News: Soma Mondal: Odisha's first woman to head Steel Authority of India. 2021. Utkal Today.
  9. News: Mazumdar. Rakhi. PESB picks Soma Mondal as the next chairman of Steel Authority of India. The Economic Times. 2021-09-26.
  10. News: Soma Mondal: Queen of Steel. 2021. Business Insider.
  11. Book: Pandey, Manohar. General Knowledge 2022. 2021-04-08. Arihant Publications India limited. 978-93-252-9558-2. en.
  12. Web site: Smt. Soma Mondal SAIL. 2021-08-30. sail.co.in.
  13. News: Divekar. Aditi. 2021-03-26. SAIL chief Soma Mondal is new chairperson of SCOPE. Business Standard India. 2021-09-26.
  14. Web site: Soma Mondal elected as SCOPE Chairperson. 2021-09-26. @businessline. 26 March 2021 . en.
  15. Web site: Chairman, SAIL Soma Mondal elected as new Chairman, SCOPE. 2021-09-26. Free Press Journal. en.
  16. Web site: ETPrime Women Leadership Awards 2023 . The Economic Times . en.